Traditional bank / Business bank / DIRECTORY
Bank of America Business
An independent overview of Bank of America Business's public criteria. CrystalCore helps assess fit, prepare the KYB pack and navigate the application process without promising approval.
Traditional bank / Business bank
United States
Branch network · Business Advantage 360 · Mobile banking
August 9, 2026
Best fit and business types
US small businesses including sole proprietorships, LLCs, corporations and partnerships with eligible formation, tax and identification documentation.
Capabilities
- Business checking and savings accounts
- Branches, ATMs, cards and online banking
- ACH, checks, wire transfers and cash services
How onboarding works
Application and documents depend on legal form. For LLCs the bank publishes EIN or eligible tax-ID, formation, DBA and owner-information requirements; a branch and additional review may be required.
Baseline eligibility
Suitable for businesses with US registration, tax identification, a physical address and transparent ownership. Signer and foreign-owner requirements must be checked before applying.
Restrictions and risk review
Remote opening for a foreign owner is not guaranteed. The bank may request additional corporate and personal documents, an in-person visit and source-of-funds evidence, or decline after review.
Channels and integrations
Official sources
Public information reviewed on August 9, 2026. Criteria may change without notice, so current requirements are reconfirmed with the organisation before applying.
IMPORTANT / NO APPROVAL GUARANTEE
This page is informational and does not state a partnership between CrystalCore and Bank of America Business. Availability depends on company jurisdiction, UBO residence and citizenship, activity, markets, turnover and an independent KYC/KYB/AML review. Bank of America Business makes the final decision.